True Grit

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for True Grit

CountyAndrews County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesJul 2015 - Mar 2026
Total Oil Production333,443 BBLs
Total Gas Production150,811 MCF
Recent Oil Production628 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for True Grit

ShaleAssessment

$41,830 *

MarketMultiple

$67,756 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

True Grit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for True Grit
from Jul 2015 to Mar 2026

Wells on True Grit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47086TRUE GRIT 1HPARALLEL PETROLEUM LLCProducingAndrews County, TX32.517607-102.654978

Leases included in True Grit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-70369TRUE GRITPARALLEL PETROLEUM LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the True Grit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX0 BBLs0 MCFDec 2025
ApolloGaines County, TX330 BBLs1,446 MCFMar 2026
AugustusAndrews County, TX1,064 BBLs725 MCFMar 2026
Block A-34 UnitAndrews County, TX78 BBLs0 MCFMar 2026
CothesAndrews County, TX1,807 BBLs0 MCFMar 2026
CronusAndrews County, TX352 BBLs72 MCFMar 2026
CupidGaines County, TX381 BBLs520 MCFMar 2026
CygnusAndrews County, TX316 BBLs547 MCFMar 2026
DianaAndrews County, TX373 BBLs1,840 MCFMar 2026
HallAndrews County, TX208 BBLs0 MCFMar 2026
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Harris Queen UnitAndrews County, TX72 BBLs0 MCFMar 2026
Jordan, AAndrews County, TX22 BBLs0 MCFMar 2026
Junior VarsityAndrews County, TX0 BBLs0 MCFOct 2025
Lucky TexanAndrews County, TX759 BBLs0 MCFMar 2026
PallasAndrews County, TX655 BBLs1,389 MCFMar 2026
PolluxAndrews County, TX321 BBLs754 MCFMar 2026
Rio BravoAndrews County, TX820 BBLs0 MCFMar 2026
ShortesAndrews County, TX577 BBLs0 MCFMar 2026
SimpsonGaines County, TX0 BBLs0 MCFDec 2025

Frac'ing activity on True Grit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-47086TrueGrit 1H
42-003-47086TrueGrit 1H

Owners of True Grit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PARALLEL PETROLEUM LLCTRUE GRIT 1HPARALLEL PETRO
2025PARALLEL PETROLEUM LLCTRUE GRIT 1HPARALLEL PETRO
2025PRICE JOE D LLCTRUE GRIT 1HPARALLEL PETRO
2025PRICE JOE D LLCTRUE GRIT 1HPARALLEL PETRO
2025HILCORP MINERALS LLCTRUE GRIT 1HPARALLEL PETRO
2025HILCORP MINERALS LLCTRUE GRIT 1HPARALLEL PETRO
2025FMH FOUNDATION OIL/GASTRUE GRIT 1HPARALLEL PETRO
2025FMH FOUNDATION OIL/GASTRUE GRIT 1HPARALLEL PETRO
Displaying 8 of 320 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on True Grit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-70369TRUE GRITMar 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJan 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITDec 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITNov 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITOct 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITSep 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITAug 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJul 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJun 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMay 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITApr 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMar 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2025DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJan 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITDec 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITNov 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITOct 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITSep 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITAug 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJul 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJun 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMay 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITApr 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC